Your questions answered Vol 2 - IM Private Clients

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[ferret50]

AdamIM said:

Portfolio changes. PHT and other portfolio's that currently hold Global Payments which see a change. Selling GPN and Buying a new name. To be announced when the rebalance is complete. Global Payments overall generated 9.88% gains within PHT. A good business but I suspect carrying too much debt which is a drag on earnings, coupled with the highly competitive nature of transaction acquirers-very thin margins.

Regards

Adam

Wonder what will replace Global Playmates?

• answers on a postcard, please*

[Kingdom35]

Albemarle Corporation.....Lithium........Link to EV's.........

Adam id be interested in your thoughts on this company if you have time and if IM would add them to PHT.

[AdamIM]

Contrary to the market(again) the stalwart, Apple proves the naysayers wrong. Up 10% after hours, a lot for a super mega cap. Clearly good for the wider market direction in the coming days and weeks as the indecisive struggle with a rate cut or not!

Edited by AdamIM on Thursday 2nd May 22:26

[JulianPH]

thepeoplespal said:

I started an ISA in 23/24 tax year that direct debits out of my account and into IM.

Do I have to do anything for this year's ISA using the same allocations? Or will the DD just come out as usual (what I'd like).

Hi there, your DD will just continue until you stop it, regardless of the changing tax years.

So the short answer is it will come out as usual!

Cheers

Julian

[Hobo]

Is there any interest in Lilium (LILM) ?

With the road networks as busy as they are, you only have to take a look up to see where the future of transport lies, so who are the main players in the 'flying car' market ?

[Mr Pointy]

Hobo said:

Is there any interest in Lilium (LILM) ?

With the road networks as busy as they are, you only have to take a look up to see where the future of transport lies, so who are the main players in the 'flying car' market ?

If you think insurance is expensive for a car, wait until you get a quote for something weighing a ton that can plummet out of the sky.

[dingg]

Hobo said:

Is there any interest in Lilium (LILM) ?

With the road networks as busy as they are, you only have to take a look up to see where the future of transport lies, so who are the main players in the 'flying car' market ?

Pie in the sky stock that will dilute shareholders time and time again.

Bargepole

[AdamIM]

dingg said:

Hobo said:

Is there any interest in Lilium (LILM) ?

With the road networks as busy as they are, you only have to take a look up to see where the future of transport lies, so who are the main players in the 'flying car' market ?

Pie in the sky stock that will dilute shareholders time and time again.

Bargepole

Agreed. EV everything is plateauing as far as I can see. It used to be 'look an EV, it saves the planet' (nonsense of course). They were cool for early adopters. The chap I was talking to on the weekend at a hotel who was charging his top spec 5 series (100k!) was thrilled at the 'free' power he gets from his solar panels and battery store but forgot about the 20k he spent installing it. In the car park was also an M5. I would think a hybrid performance car would be the best of both worlds. Barring the tax breaks I'm not convinced and will continue with the dino juice.

It was debated on these very Boards that Tesla were dreaming re the goal of 15-20M cars annually due to the world market for premium cars being capped and that figure mooted at 2.5M. And here we are. sales are flat at best and probably falling. Now the model has switched to FSD-FSD-FSD. Another pipe dream. We will be lucky to see level 5 in 20 years and if we do get there I would wager another company will get there first. The chances of one company cracking FSD and having the entire taxi market are slim to none.

[Hobo]

Appreciate the comments, but I think it is severely narrowed minded to not think the future of transport is in the skies above us, and that we will continue to add to the current land infrastructure.

I'm in agreement that there will not be a single company that dominates the space, but there is likely to be a single company which reflects what Tesla did, and I suspect many if not all on this forum wished they had invested £1000 in Tesla back in 2010 when it was around $1.20/share.

[pingu393]

Hobo said:

Appreciate the comments, but I think it is severely narrowed minded to not think the future of transport is in the skies above us, and that we will continue to add to the current land infrastructure.

I'm in agreement that there will not be a single company that dominates the space, but there is likely to be a single company which reflects what Tesla did, and I suspect many if not all on this forum wished they had invested £1000 in Tesla back in 2010 when it was around $1.20/share.

The problem is that there are many companies that could have been Tesla - only a few make it. How many £1000 bets do you need to make to get the winner?

[Ron-ski]

AdamIM said:

The chap I was talking to on the weekend at a hotel who was charging his top spec 5 series (100k!) was thrilled at the 'free' power he gets from his solar panels and battery store but forgot about the 20k he spent installing it. In the car park was also an M5. I would think a hybrid performance car would be the best of both worlds. Barring the tax breaks I'm not convinced and will continue with the dino juice.

Even forgetting about the cost of installation, using solar is not free anymore, if exported you can get 15p to 30p per kWh, so using that 'free' solar has a cost now in lost export payments.

[Hobo]

Appreciated, but everyone knew Tesla very well in 2019 and share price was still only $20 then, so all I'm saying is there seem limited people occupying the 'flying car' market, and its clearly going to be a massive market (IMO) in the not too distant future, so what are peoples thoughts on Lilium, or who are the other potential companies worth watching.

[pingu393]

Hobo said:

Appreciated, but everyone knew Tesla very well in 2019 and share price was still only $20 then, so all I'm saying is there seem limited people occupying the 'flying car' market, and its clearly going to be a massive market (IMO) in the not too distant future, so what are peoples thoughts on Lilium, or who are the other potential companies worth watching.

There is definitely a market for idividual flying suits - as trialled by mountain rescue. That, I think has a future. Flying cars, I think not.

How many could afford it? Probably the top 0.0001%. They already have a helicopter and a car at each end.

Flying suits, on the other hand, will be developed for the emergency services and the military. The problem for civillian use will be the same as it is for electric scooters.

[leef44]

Hobo said:

Is there any interest in Lilium (LILM) ?

With the road networks as busy as they are, you only have to take a look up to see where the future of transport lies, so who are the main players in the 'flying car' market ?

They need to make one in the shape of a pig then it will really grab the headlines

[AdamIM]

Hobo said:

Appreciated, but everyone knew Tesla very well in 2019 and share price was still only $20 then, so all I'm saying is there seem limited people occupying the 'flying car' market, and its clearly going to be a massive market (IMO) in the not too distant future, so what are peoples thoughts on Lilium, or who are the other potential companies worth watching.

The answer is linked to the fact there are virtually no players in the market. A $10M 'plane' which doesn't really work. Although Lockhead Sirkorsky are entering the market-they know a few things about the sector and have a 110B market cap

Lilium has been around for almost 10 years and has burned through 1.5B in cash

[Simpo Two]

Hobo said:

there seem limited people occupying the 'flying car' market, and its clearly going to be a massive market (IMO) in the not too distant future...

People can barely drive in two dimensions, let alone three...! There'd be a school run mum crashing through the roof into my bedroom every morning.

Actually...

[Ron-ski]

Hobo said:

Appreciated, but everyone knew Tesla very well in 2019 and share price was still only $20 then, so all I'm saying is there seem limited people occupying the 'flying car' market, and its clearly going to be a massive market (IMO) in the not too distant future, so what are peoples thoughts on Lilium, or who are the other potential companies worth watching.

Just look at the regulation for flying drones, now imagine what you would be required for a flying car, not to mention the need for a licence - a quick Google suggests to learn to fly a helicopter and get a licence costs well over £24,000.

Although an autonomous flying car might be easier to perfect (the flying bit anyway) than an autonomous car, no signs, no cyclists, no pedestrians, no dogs running out etc. Still the weather to contend with, buildings etc.

[renmure]

Ron-ski said:

Just look at the regulation for flying drones, now imagine what you would be required for a flying car, not to mention the need for a licence - a quick Google suggests to learn to fly a helicopter and get a licence costs well over £24,000.

You can do a PPL for around £10k and a PPL(H) for £15k. Flying for fun isn't really cheap but it is fun.

But, it's true that once you end up in the sky the rules, regulations and laws about what you can and can't do and where you can and can't go are complex and very strict. I think the practical issues around flying cars will be far more insurmountable than the technical ones.

[supersport]

Simpo Two said:

Hobo said:

there seem limited people occupying the 'flying car' market, and its clearly going to be a massive market (IMO) in the not too distant future...

People can barely drive in two dimensions, let alone three...! There'd be a school run mum crashing through the roof into my bedroom every morning.

Actually...

This. The general public in flying cars Going to need more than a tin foil hat.

I think more importantly from and investment perspective it seems more like a lottery ticket than and investment. I suspect you’d actually be better off with a lottery ticket.